Trump tax law cuts Amazon’s U.S. tax bill by more half, from $7B to $2.8B

Amazon reported that its U.S. corporate income taxes declined by more than half in 2025, even as pretax profits surged nearly 45%. The e-commerce giant benefited from new legislation signed by President Trump that permitted immediate deductions for capital investments and research expenses. Consequently, the company paid $2.8 billion in federal cash taxes, a sharp drop from the $7 billion paid in prior years.